Broker | Northland-Nth Shore/West Akld-B/packers Nationwide
Looking for living and income in Auckland? Look no further as this is a great entry level opportunity.
The Management Rights includes some apartments in the Letting Pool.
The agreement with the Body Corporate expires in December 2036.
Complex comes with a small gymnasium and swimming pool and also has a function room.
Located in New Lynn, close to the bus stop, railway station, Westfield Mall and is a sought after suburb in Auckland.
My Vendor is very motivated and has other bigger interests at this time and would prefer a quick settlement.
Please call the Sole Agent Resort Brokers.
All viewing by prior appointments only.
Potential buyers should review an Australian summary of management rights by clicking on the reference below which is a historic and dated document but sets out the salient issues around management right ownership and operation. Much of the content is relevant to the New Zealand situation:
There have been recent legal decisions with regards to the status of some of the provisions commonly found in management rights contracts in New Zealand. We recommend that all potential buyers of Management Rights seek legal advice.
Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.
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